Retirement plan

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN

Name: MILLER & CHEVALIER, CHARTERED - MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN (2024) Form 5500
Creator: MILLER & CHEVALIER, CHARTERED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN, MILLER & CHEVALIER, CHARTERED

MILLER & CHEVALIER, CHARTEREDEIN 52-1212890Plan #001PY 2024

900 16TH STREET, NW - WASHINGTON, DC 200062901202-626-5800millerchevalier.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

2 filings

#004Retirement-$16.8M assets #002Retirement--

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$172.8M

+9.4% from 2023

Total participants

176

0.0% from 2023

Average account balance

$982,041

+9.4% from 2023

Annual return

17.94%

-8.44 pp from 2023

Benchmarks

See 28,877 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,877 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$172.84M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$982K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

176

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$46K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.94%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$865

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AVENIR CORPORATION10+ years Service code 28 1775 PENNSYLVANIA AVE NW STE 650 · WASHINGTON, DC 20006	Investment Management	$134,760
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL CUSTODY SOLUTIONS Service code 21 510 N VALLEY MILLS DRIVE SUITE 400 · WACO, TX 767106075	Bank Trustee	$17,295

Plan features & details

Pension benefit codes2E2F2G2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$152K

$1673 / participant

Trustee / custodial$17K11.4%
Investment mgmt$135K88.5%
Other / not subdivided$1460.1%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$982,041

$102,429+858.8%

$147,096+567.6%

$80,925+1113.5%

Participation rate

100.0%

75.9%+24.1pp

82.2%+17.8pp

67.7%+32.3pp

Annual return

17.94%

135.02%-117.1pp

419.75%-401.8pp

35.65%-17.7pp

Employer contribution / active EE

$29,776

$3,716+701.4%

$4,936+503.3%

$2,756+980.3%

Participant deferral / active EE

$16,684

$6,649+150.9%

$8,071+106.7%

$4,299+288.1%

Admin fee / account holder

$865

$7,957-89.1%

$13,005-93.4%

$6,940-87.5%

Provider

Service type

Compensation

AVENIR CORPORATION10+ years

Service code 28

1775 PENNSYLVANIA AVE NW STE 650 · WASHINGTON, DC 20006

Investment Management

$134,760

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL CUSTODY SOLUTIONS

Service code 21

510 N VALLEY MILLS DRIVE SUITE 400 · WACO, TX 767106075

Bank Trustee

$17,295

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion